Incorporating
Incorporating
Out of context: Reply #4
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- skelly_b0
Go with LLC, cheaper to setup and you don't have to file annual reports.
If you are solo the only corporation that would make sense is an s-corp, which has the same tax benefits as an LLC. They both flow through, meaning profits will be counted as your income.
Either way just amek sure you keep records of all those business expenses, mileage, etc. Can help a lot come tax time.
Get an accountant, they can steer you right if they know what they are talking about.